Base metals explorer and developer Force Commodities is focused on exploring and developing its high-grade lead and silver Tshimpala Project in Malawi.
Jason Brewer, Managing Director
What is your rationale for attending 121 Mining Investment?
Looking for market support. Advancing exploration and development activities at the recently acquired Tshimpala Project.
What recent news would you like to highlight to investors attending?
5th July 2019 Acquisition of high-grade Tshimpala lead and silver project
17th July 2019 Offtake agreement signed with Swiss-based Transamine
5 Sept 2019 High-grade silver in sample at Tshimpala
19th Sept 2019 Appointment of Specialist Commodity Risk Management Advisors
What are your key goals for the next 3, 6 and 12 months?
Appointment of mining contractor
Appointment of crushing-screening beneficiation contractor
Appointment and mobilisation of drilling contractor
Results from trenching and pitting work
Commencement of JORC resource definition work
Results from exploration and drilling program
Results from open pit mining and capital development work
Further bulk sampling and trial mining work completed
Define a JORC Resource
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Foreign exchange exposure risk. Appointed specialist risk advisory firm Noah’s Rule to provide advice on managing significant commodity and or financial markets exposure.
What do you think makes your company such a compelling investment?
Exceptional high-grade assays of +100 tonne bulk sample with results of 60% lead and 735g/t silver;
Excellent infrastructure and proven logistics; Binding offtake agreement with global commodity group for 100% of production of lead and silver;
Transport and logistics agreement executed with Africa’s largest logistics group;
Positive outlook and increasing pricing in both the lead and silver markets